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Miles Franklin Review

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Miles Franklin (www.milesfranklin.com) is the largest precious metals dealer in Minnesota. However, although its headquarters are located in Wayzata, MN, it does not have a physical retail location. Instead, the company conducts most of its business over the phone and online. Originally founded in 1990, it has had an open file with the Better Business Bureau (BBB) since 1993 and has been BBB-accredited since 2009.

About the Management

Miles Franklin was founded by David Miles Schectman and is currently co-owned and operated by David's son, Andy Schectman, who is listed as the company's president in their BBB profile Andy majored in economics at the University of Minnesota. Although there is no such person as “Miles Franklin,” the owners have stated that they chose this name because it sounded like a great name for their company. Joel Kravitz is listed as their Metals Specialist.

Miles Franklin Ratings and Complaints

Below we've summarized the company's internet reputation based on reviews, reports, and ratings from the most authoritative sources online:

  • BBB Rating: A+ (Details)
  • BBB Complaints: 0 complaints in the last 3 years (Details)
  • BCA: CC (Details)
  • BCA Complaints: 0 complaints in the last 3 years (Details)
  • CitySearch: No Ratings (Details)
  • Google+: No Ratings (Profile)
  • RipOff Report: Not Listed
  • SiteJabber: No Ratings (Details)
  • Trustlink: Not Listed
  • Yellow Pages: No Ratings (Details)
  • Yelp: No Ratings (Details)

As you can see, other than their BBB profile, Miles Franklin doesn't really have much of a web presence to speak of. While a lack of reviews could be construed as better than having negative reviews, it is always preferable to deal with a company that has a well-established track record.

Miles Franklin Prices and Products

 

Miles Franklin Contact Details

  • Address: 801 Twelve Oaks Center Dr Ste 834, Wayzata, MN 55391-4650
  • Local Phone: (952) 929-7006
  • Fax: (952) 476-7971
  • Website: http://www.milesfranklin.com/

Key Pages From Miles Franklin's Website

Here are some of the most important pages from their website:

Be Sure to Consider All Options Before Buying

Purchasing precious metals for your IRA account is not a decision that should be rushed. After all, if you're going to be storing a portion of your retirement assets in one of these accounts then it goes without saying that you should conduct full due diligence when comparing both dealers and custodians. By researching the top 70 precious metals companies and summarizing their reputations into reviews just like this one we've made it much easier for you to find the data needed to confidently make a fully informed decision.

Contact Us if You Own or Represent Miles Franklin

We welcome our readers to notify us when information needs to be corrected or updated. Likewise, if you own, represent, or are an associate of Miles Franklin and you'd like us to update, modify, or remove inaccurate or outdated information found in this review, feel free to contact us with your concerns. We strive to maintain the utmost accuracy in all of our company reviews on an ongoing basis.

Miles Franklin
  • Editor Rating

  • Rated 3 stars
  • Good
  • 0/5 Avg. User Rating

  • Rated 0 stars
  • 0 No reviews yet!

  • Miles Franklin
  • Reviewed by:
  • Published on:
  • Last modified: October 31, 2016
  • Quality
    Editor: 85%
  • Customer Support
    Editor: 75%
  • Pricing & Fees
    Editor: 85%

Review Summary:

Miles Franklin offers a full range of U.S. and foreign gold, silver, platinum, and palladium bullion coins and bars. The homepage of their site lists their bestsellers, which at the moment are the American Gold Buffalo, American Gold Eagle, American Silver Eagle, and 1 oz Perth Mint Bars. Miles Franklin does not provide precious metals storage services, however, they do offer assistance in setting up an IRA and will provide a list of IRA custodians for you to choose from upon request. Keep in mind that each custodian has their own annual fee structure to consider.

Miles Franklin offers a full range of U.S. and foreign gold, silver, platinum, and palladium bullion coins and bars. The homepage of their site lists their bestsellers, which at the moment are the American Gold Buffalo, American Gold Eagle, American Silver Eagle, and 1 oz Perth Mint Bars. Miles Franklin does not provide precious metals storage services, however, they do offer assistance in setting up an IRA and will provide a list of IRA custodians for you to choose from upon request. Keep in mind that each custodian has their own annual fee structure to consider.

Editor rating
Rated 3 stars
User rating
Rated 0 stars
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